Derek Jarr has been active in the distressed asset purchase market since 2002 and has completed over 1000 real estate transactions worth more than $300 million as an investor, broker or lender.
Derek is currently the principal of Green Street Realty, LLC, a real estate brokerage company, Leveraged Capital, LLC, a hard money lending company and Done Deal Investments, LLC, a distressed real estate investment firm. In addition to having an Arizona real estate license since 2002, Derek has worked extensively in the lending business. His expertise is mainly in the single family home asset class, with experience rehabbing, wholesale, trading, buying notes and leasing these assets. In the years 2008 and 2009 he successfully led Done Deal Investments, LLC, and completed over 520 asset acquisitions for total sales exceeding $110 million. Derek has also managed a loan portfolio of $29 million for the past two years with annual returns averaging 18% per loan.
Derek has been working on a new venture called Properties for Purpose, which is a Non-Profit organization dedicated to the revitalization of distressed neighborhoods.
Over the course of his career, he has become an accomplished industry leader in the following areas of real estate:
Investment:
Derek and his companies began buying distressed properties in 2002, and has bought and sold over 600 single family residences since 2004. Derek shows the ability to adapt to market changes from the boom market of 2005 – 2006 and continued success in the current distressed markets starting in 2008, with more than $120 million in transactions.
Financing:
Derek began lending money to companies who fix & flip homes in 2006. His companies have funded and been repaid on more than 170 loans secured by real estate in excess of $45 million since the beginning of 2009.
Real Estate Brokerage:
Derek Jarr has owned and operated Green Street Realty, LLC, since 2009, employing an expert staff with over 70 years of combined experience and specializing in distressed real estate transactions.
Derek has also held a real estate license since 2002.